The FCC on Monday authorized over $121 million in funding over the next decade to expand broadband in 16 states. Providers will begin receiving the money later this month. Separately, the agency approved similar funding for upstate New York (see story below.)
The money is the fourth wave of support from last year’s Connect America
Fund Phase II auction that allocated $1.488 billion in support to
expand broadband to more than 700,000 unserved rural homes and small
businesses. Monday’s action brings the total authorized funding to over
$924 million. Additional rounds will be authorized in the coming months.
“This round of funding is yet another step toward closing the digital
divide, providing access to digital opportunity to over 36,000 more
unserved rural homes and businesses,” said FCC Chairman Ajit Pai.
Providers must build out to 40 percent of the assigned homes and
businesses in the areas they won in a state within three years. Buildout
must increase by 20 percent in each subsequent year, until complete
buildout is reached at the end of the sixth year. Continue Reading